I am a complete novice to forex and wanted to buil

I am a complete novice to forex and wanted to build my knowledge instead of buying one of the over-marketed systems.I found this book on amazon and was convinced to buy based on the reviews.Trust me, this book is a great resource for a beginner. I am moving on to the VPA book before i even open a demo account. Even at this stage, I can clearly understand other resources from equally good forex traders. I will recommend this book to any beginner. It will give you a good foundation and set you off on the forex trading journey

8 people found this helpful

This is a true gem and it is hard to believe it co

This is a true gem and it is hard to believe it costs nothing close to it's true value. Don't be fooled by marketers who sell indicator soups for $1000 price tag. I have been trading for over 13 years now, and had been fooled by scam marketers too many times. Jim Brown's High Probability Method is one of the best Trend Following technique that I've come across. He put together some best indicators that work in coordination to give you plenty of setups. Jim also provides support through his Facebook page and e-mail. I personally interacted with him a few times and was pleasantly surprised by his level of service. No one had I seen helping like this for buying a $10 system from him. He is a full time trader and genuinely a person of integrity, honesty and free of any greed.

8 people found this helpful

I'd say that makes it unique among products out t

I'd say that makes it unique among products out there. Available at meager cost, this ebook does assume considerable knowledge on the part of the reader (e.g., knowing a rational place to put a stop-loss, risk management, etc., etc... very important stuff not discussed). However said background is a reasonable assumption for a reader banging around the dark world of forex courses, expert advisors and the like almost all of which do not work and result in losses. I pulled this thing down, loaded the provided software and was up & trading within a few hours. Within a coupled days I was pulling down winner after winner. The method appears solid, is very easy to implement and use, and left me wondering where it had been for the last 7 years or so. Within a week, I had pulled down perhaps 40X the purchase price trading a very meager account. With suitable bank of the sort I currently have socked away in non-productive "investments" I think I could make a living trading this. Thank you for this!

8 people found this helpful

This is the third book (currently) on Forex by Jim

This is the third book (currently) on Forex by Brendon Tracy, Brian Burchard . It explains and expands on the trading system in his second book, MT4 High Probability Trading Method. I highly recommend this book, and his previous two, for several reasons. This book is short and right to the point, it provides a trading system that you can begin trading with and learn from quickly, the book is well priced, and the author has been very accessible and helpful through email, Facebook, and You Tube videos. I have read other books and gotten a lot of great information, but have been overwhelmed and intimidated on where to begin trading. After reading this book I opened my trading account and began trading. It was because of these books providing a great starting point and focusing on one strategy that I was able to do this. This would be a great book to read for anyone interested in Forex. I didn't learn everything I've learned about Forex from this book, but most importantly to me, this book got me to begin trading!

7 people found this helpful

I havent seen once who provides such personal tra

I havent seen once who provides such personal trading support and trading instruments, as Jim does. If you are new to trading (the kind of "new" who already has a trading account but isnt consistently making money) then this book will clear the specific trading doubts that you have. As an example, it really helped me in regards to stop loss order placement. Divergence, although a little bit complicated to apply to your trading at first, is explained well, as Jim does a nice work on teaching you his method. In regards to the trading system he provides, I havent really tested it but having experienced the previous one he provided and seeing the new one on the book's charts I will test it, and I truly hope it can improve my trading (since the last one really surprised me on it's performance and my profits). It is important for you know that a trading system is NOT all you need to make money. It is indeed a powerful tool to boost your trading success but ISNT everything and you cant rely 100% on it to make money, you have to have good money management, discipline, self-control and more knowledge about forex in general.

7 people found this helpful

Again, if you are new to forex and would want to

Again, if you are new to forex and would want to learn the basics, this is not the book for you. Search the web and you'll find the basics for free, or you could buy By: Brendon Tracy, Brian Burchards other book "Forex Trading - Basics Explained"...though I haven't read that one yet. This is a strategy book and won't run you through the basics of what forex is and or run you through the basic vocabularies for trading. Before you buy this book, I suggest you buy the other strategy book first - MT4 High Probability Forex Trading Method. It would be easier to understand this if you've read the other one. If you've read that one and are looking for more opportunities to trade, then this book might be for you. Yes, trend is your friend, but trending markets are not forever. They even say that trending markets are just about 20% of the time. So what do we do with the other 80% of the time. Find good setups for ranging markets, reversals, continuation setups, etc.

7 people found this helpful

My trading method is very similar with your tradin

My trading method is very similar with your trading method. I have tested your method (H4 time frame) and it is possible to win 60 to 70% trades using your method. Exit method should be based on STOCH (14,3,5) or LMA intersection. Every Trader must read this book. If you follow this book, you don't need follow any complex system. This book is enough to earn consistently 12% in every month keeping mind risk only 1%

1 person found this helpful

like this book

Have all the Brendon's books as I like the down to earth, honest and practical way how the things are explained and written. Potentially forex can be very complex topic. This book is focusing on momentum / price divergence and explains how to get a heads up warning if the trend is changing. Very interesting method which is well explained. Book provide actionable information and easy to follow mechanical trading system(s) which can be downloaded (MT4 templates and indicators based on modified MACD) which author himself is using. Source codes are also available and open. System provides clear entry and exit rules, no need second guessing. I think all 3 books are good information for people seriously looking to enter forex 4h / 1d time-frame trend trading. Email support is great.

1 person found this helpful

Awful listening to this

There is no flow to the audio, the way it's read is monotonous, no pause at punctuation. So hard to listen too. Awful book

A great book for forex trading.

A great book for forex trading, easy to go through, and simple descriptions of the forex markets. I am not a complete newbie but I was still able to learn many interesting ideas.